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Colliers - Newcastle

32 Pipeclay Avenue Thornton, NSW 2322

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32 Pipeclay Avenue,
Thornton, NSW 2322

Warehouse, Factory & Industrial
Added 1 day ago

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Colliers - Newcastle
Trent Robertson
Mark Yazbeck

Colliers - Newcastle

Ground Floor, 18 Honeysuckle Drive
NEWCASTLE, NSW 2300
Colliers - Newcastle
32 Pipeclay Avenue
Thornton, NSW 2322

Map of 32 Pipeclay Avenue

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  • Train stations within 5 km of 32 Pipeclay Avenue, Thornton, NSW 2322Distance
    Thornton475 m
    Beresfield Station2.5 km
    Metford Station2.9 km
    Tarro Station4.1 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 32 Pipeclay Avenue, Thornton, NSW 2322Distance
    Thornton Rd Opp Huntingdale Dr138 m
    Pipeclay Av Before Glenwood Dr200 m
    Thornton Rd After Huntingdale Dr203 m
    Thornton Rd After Glenwood Dr366 m
    Karuah St Opp Thornton Station545 m
    POWERED BY HERE ©
POWERED BY HERE ©

Freehold triple net investment opportunity

  • Strong tenancy covenant Lifeline Direct
  • Net income $130,251* per annum plus GST)
  • Mid 3 year term with 2 x 3 year option
This property is an excellent investment opportunity, featuring a freestanding, high clearance workshop and office / showroom on a prominent corner site. Internally, the property comprises an airconditioned office and showroom, multiple roller door access and 9 metre* clearance to the eaves. The workshop also features 1 x 5 tonne and 1 x 10 tonne gantry cranes, which are currently disconnected but available for future use.

Fully leased to Lifeline Direct Ltd expiring 19 March 2026 with 2 x 3-year option terms. The property generates a net annual return of $130,251*.

The subject premises is conveniently located on the south-east corner of Pipeclay Avenue and Huntingdale Drive, within the established Thornton Industrial Estate. Thornton estate has a mix of light industrial businesses and service industries, together with large scale office complexes incorporating associated manufacturing / workshops.

For sale via Private Treaty l For further information, please contact agents.

*Approximate

Property ID: 504725100Last Updated: 31 Oct 2024

Colliers - Newcastle
Ground Floor, 18 Honeysuckle Drive
NEWCASTLE, NSW 2300

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